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Title: Retirement Age across Countries The Role of Occupations
Citation Type: Working Paper
Publication Year: 2013
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Abstract: Crosscountry variation in average retirement age is usually attributed to institutional differences that affect individuals' incentives to retire. We suggest a different approach. Since workers in different occupations naturally retire at different ages, the composition of occupations within an economy matters for its average retirement age. Using U.S. data we infer the average retirement age by occupation, which we then use to predict the retirement age of 38 countries according to the occupational composition of these countries. Our findings suggest that the differences in occupational composition explain up to 32.4% of the observed crosscountry variation in retirement age.
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Authors: Zoabi, Hosny; Saure, Philip
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Publication Number: 5-13
Institution: Tel Aviv University
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Publisher Location: Tel Aviv-Yafo, Israel
Data Collections: IPUMS CPS
Topics: Aging and Retirement
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